Curious if Nolan was referring to this....
When he mentioned others difficulty in the smaller royalty streaming space?
Americas Bullion hires Borden Ladner as legal counsel
2013-06-25 05:44 PT - News Release
Ms. Janet Lee-Sheriff reports
AMERICAS BULLION ROYALTY RETAINS LEGAL COUNSEL; ANNOUNCES OFFICER CHANGE
Americas Bullion Royalty Corp. has retained Borden Ladner Gervais LLP, with D. Ross McGowan as lead counsel, in regard to the dispute with MF Investments. MF Investment Holding Company 1 (Cayman) Ltd., part of the Red Kite Group, has indicated that it has or intends on issuing notices alleging an event of default under the secured facility agreement dated Sept. 25, 2012, and asserting rights to exercise an option to purchase 26 royalty interests including the Pan and Bald Mountain interests by paying Americas Bullion $35-million (U.S.) in cash as set forth in Section 7.6 of the facility agreement. Americas Bullion rejects that any event of default has occurred under the facility agreement, asserts that no valid and effective notice has been issued upon it as required by the facility agreement, and has engaged legal counsel to challenge the recent conduct of MF Investments.
The company also announces that, effective June 25, 2013, William M. Sheriff has resumed his position as chairman and chief executive officer of the company and Paul H. Zink has assumed the title of chief investment officer. The changes are solely related to the situation described in the news release of June 24, 2013, and not to performance or any other factor.
A copy of the executed facility agreement was posted on SEDAR on Oct. 9, 2012 (file name: material document), under Americas Bullion Royalty Corp.